Narcisa

Narcisa, 58, is married and has three grown children. She works making and selling ice cream and tropical fruit juices. She is a hardworking, persevering and responsible woman with a great desire to help her family get ahead.

Narcisa started her business in 2009 and makes PEN 100 weekly. She works about 8 hours a day, 6 days a week. With the PEN 2000 loan that she will receive thanks to Kiva, Narcisa will invest in household improvements (building a room). Her dream is to have a bigger house so that she can improve her quality of life. Her loan officer believes that she is an excellent client and will make her payments on time.

Narcisa lives and works in Camaná, Perú, an oasis in the otherwise long, dry Sechura Desert that dominates the coastline in the Southwestern part of the country. Camaná was historically a major tourist destination in Perú, however, frequent and forceful earthquakes and tsunamis in the last decade (an 8.4 in 2001 and 8.0 in 2007) decimated the city, permanently destroyed Camaná’s tourism industry, and lost many their jobs, livelihoods, and homes. But the one upshot of unemployment is that it creates an environment primed for microfinance. Microfinance allows a jobless entrepreneur to realize their would-be microenterprises, like the one your client is pursuing today.

Narcisa vive y trabaja en Camaná, Perú, an oasis in the otherwise long, dry Sechura Desert that dominates the coastline in the Southwestern part of the country. Camaná was historically a major tourist destination in Perú, however, frequent and forceful earthquakes and tsunamis in the last decade (an 8.4 in 2001 and 8.0 in 2007) decimated the city, permanently destroyed Camaná’s tourism industry, and lost many their jobs, livelihoods, and homes. But the one upshot of unemployment is that it creates an environment primed for microfinance. Microfinance allows a jobless entrepreneur to realize their would-be microenterprises, like the one your client is pursuing today.

Additional Information

About Caja Rural Señor de Luren

Caja Rural Señor de Luren is a microfinance institution based in Ica in southern Peru that primarily promotes the development of the country’s agricultural sector through lending. Today, it also offers credit for consumers, microenterprises and housing improvements, and has expanded its financial services to promote micro-savings and provide micro-insurance. This institution has been instrumental in helping borrowers recover from the devastating earthquake in the Ica region in 2007, and works with Peru’s National Bank to reach some of the poorest and most remote microfinance clients in the country.

About Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.